Zhejiang Huamei Holding Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 30, 2020 at 09:14 am
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Zhejiang Huamei Holding CO., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 663.582 million compared to CNY 831.321 million a year ago. Operating loss was CNY 25.794 million compared to operating Income of CNY 66.707 million a year ago. Net loss was CNY 16.717 million compared to net income of CNY 42.965 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.042 a year ago.
Zhejiang Huamei Holding Co Ltd is a China-based company principally engaged in advertising planning and distribution, newspaper distribution and printing, education and other businesses. The Company primarily operates through two segments. Newspaper Publishing Industry Advertising Planning and Printing Related Business segment mainly provides products and services, including design, production, agency, and release of domestic advertising (except online advertising release), planning of cultural and artistic exchange activities, exhibition services, publications, packaging and decoration, other printed matter printing (limited to branch operations), wholesale, retail, printing equipment, and printing supplies. Education and Training Business segment mainly provides products and services, including educational management, educational consulting, vocal training, dance training, technology development, technology transfer, technical consulting, technical services, and technical training.